GIS » Topics » Working Procedures

This excerpt taken from the GIS 10-K filed Jul 26, 2007.
Working Procedures

 

Every six months, there will be a meeting at the place of business of Licensee between SODIMA and Licensee in order to discuss the major points regarding the carrying out of the business under this Agreement. SODIMA shall keep minutes of such working meeting between the parties, and shall send a copy of such minutes to the Licensee, who shall be deemed to have approve such minutes unless it shall have notified SODIMA in writing of its exception within fifteen (15) days after receipt by it of such copy.

 






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